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Thursday, March 11, 2010

Commodities Decline, Yen Gains as China’s Inflation Accelerates

China's inflation reached a 16-month high, industrial output climbed and new loans exceeded Economists' forecasts, as the government considers paring stimulus measures. Greece was Crippled by strikes Thurs protest reductions in Europe's biggest budget deficit, while Mohamed A. El-Erian, co-chief investment officer at Pacific Investment Management Co.., Wrote in a Financial Times article that deteriorating public finances may Affect the Global Economy more than is realized.

"Chinese today, the data were stronger than expected and will add to pressure Likely is a Chinese policy makers Thurs additionally tighten monetary policy," said Eugen Weinberg, a commodities analyst at Commerzbank AG in Frankfurt. "Chinese demand will be robust this year, but its growth rate is Likely Thurs Slow Down."Read More Story,http://www.bloomberg.com/apps/news?pid=20601087&sid=aX29cSBBB2T0&pos=3

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